Basic Information
Registered Region 
India
India Operating Period
5-10 years
Company Name
Private Limited Company
Global Broker Regulation Inquiry App
About WikiFX
Not Regulated
Score
0 1 2 3 4 5 6 7 8 9
. 0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
Prime Forex
India | 5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
https://www.primeforex.in
Website
Rating Index
2.04
Influence
Influence
D
Influence Index NO.1
India 2.67 Surpassed 20.40% brokers
Business Region Search Statistics Ad Campaigns Social Media Index
Contact
0844 8444 717
https://www.primeforex.in
Chennai Airport - Phoenix mall - T.Nagar
Forex License
No forex trading license found. Please be aware of the risks.
Warning: Low score, please stay away!
- This broker lacks valid forex regulation. Please be aware of the risk!
2
Business Region
Verified Site
About Us
Comment
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Official Website
Verified Site
primeforex.in
148.72.211.219Server LocationICP Registration No.--Top Visitor Locations--Creation Date--Website Name--Company--
Company Profile
| Prime Forex Review Summary | |
| Founded | 2006 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Trading Product | Currencies |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Minimum Deposit | ₹50,000 (for door delivery orders) |
| Customer Support | Phone: 044 2256 6060 |
| Email: support@primeforex.in | |
Prime Forex Information
Prime Forex, an India-based currency trading company, was formed in 2006. It is not regulated by India's main financial regulators, such as the RBI or SEBI. The company offers foreign exchange services to visitors, students, and corporations, primarily from Chennai Airport.
Pros and Cons
| Pros | Cons |
| Long history | No regulation |
| No online trading platform | |
| Demo accounts not available | |
| No info on deposit and withdrawal |
Is Prime Forex Legit?
Prime Forex, which is registered in India, is not subject to any of the country's financial regulatory authorities, such as the Reserve Bank of India (RBI) or the Securities and Exchange Board of India.
According to the WHOIS database, the domain primeforex.in was registered on February 5, 2007, and will expire on February 5, 2026. The domain was last updated on May 31, 2025, and is now protected by the following status flags: clientTransferProhibited, clientUpdateProhibited, clientRenewProhibited, and clientDeleteProhibited.
What Can I Trade on Prime Forex?
| Trading Instruments | Supported |
| Currencies | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Prime Forex Fees
When it comes to money changers and retail forex services in India, Prime Forex's costs are lower and comparable to the industry standard. The price scheme is easy to understand. There are flat transaction fees and fair delivery fees that depend on the size of the item and how far away it is.
| Fee Type | Amount |
| Forex Transaction Conversion Fee | ₹100 per forex order (flat) |
| Minimum Order for Door Delivery | ₹50,000 |
| Door Delivery Charges | - ₹150 (within 10km, ₹50K–₹1L orders) |
Company Profile
- 5-10 years
- Questionable Regulatory License
- Suspicious Operational Region
- High Potential Risk
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